Is there some profit taking here?
The NZDUSD is squeezing higher and looks to test a swing area from Feb 25 to Feb 27. That swing area comes in at 0.6870-72. The current price is trading just below that area. Key test.
Sellers should have a cause for pause against the area, with stops if the pricce moves above with momentum.
Target area. Will sellers/profit takers enter? Risk is defined and limited.